I’m interested in investing in Multi family homes in Portland, And would like to connect with investors, agents, bankers, anyone who can help me grasp the whole process of becoming a successful RE investor.

But I dont not think he is really grasping the concept of what I am trying to do here.

Im curious because all the learning im doing I have a good grasp on different strategies and how to analyze properties what I don't understand yet is how to actually read a market area to know if it would fit what I'm hoping to do.

My biggest fear is just doing the first deal due to very many unknown factors and a very elementary grasp of calculating NOI.

@Erik LacombaGood to hear from you Erik, definitely get a firm grasp on your coverages.

If you are asking these questions on BP this means you do not have a firm enough grasp on the valuations in these areas.

Here are some common items that need to be accounted for:Deferred MaintenanceProperty ManagementVacancy (speak to local management companies if you don't have a solid grasp)TaxesInsuranceMaintenance Reserve (Not their cost)Cap Ex Reserve (Not their cost)ConcessionsBad debtTurn-over costI would recommend using your own numbers for vacancy, maintenance and cap ex reserves.

It can be difficult to find an agent who fully grasps the urgency aspect of REI. 

I was doing some research into zoning laws and trying to grasp an understanding of everything.

I paid a premium for it because it ticks all the boxes.This last point is usually the hardest for people looking at my business to really grasp.